GuangDong PaiSheng Intelligent Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 06:34 pm IST
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GuangDong PaiSheng Intelligent Technology Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 392.49 million compared to CNY 316.34 million a year ago. Revenue was CNY 392.49 million compared to CNY 316.34 million a year ago. Net loss was CNY 17.23 million compared to net income of CNY 7.93 million a year ago. Basic loss per share from continuing operations was CNY 0.0445 compared to basic earnings per share from continuing operations of CNY 0.0205 a year ago. Diluted loss per share from continuing operations was CNY 0.0445 compared to diluted earnings per share from continuing operations of CNY 0.0205 a year ago.
GuangDong PaiSheng Intelligent Technology Co., Ltd., formerly GuangDong HongTeo Technology Co., Ltd., is a China-based company mainly engaged in aluminum alloy die-casting business and financial technology information service business. The Company has two main businesses. The aluminum die casting business is mainly engaged in the research, development, production and sales of aluminum alloy precision die castings and assemblies, which are applied in middle and high grade automobile engines, gearboxes and chassis. The financial technology information services business mainly includes inclusive finance, consumer finance and artificial intelligence systems. The Company operates its businesses in both domestic and overseas markets.